HARYANA PETROCHEMICALS-Expansion Dropped

HARYANA PETROCHEMICALS Expansion Dropped HARYANA PETROCHEMICALS, which suffered a severe setback to its bottomline last year, has again shown a dismal performance. Net sales fell by 3.5 per cent and net profit which decreased by 55 per cent in 1991-92 again fell by 47 per cent in 1992-93. Interest burden continued to increase and amounted to 46.5 per cent of sales as compared to 5.6 per The high interest burden is partly due to